Dorin Recean, Moldova's premier will make a working visit in Bucharest on March 27, Moldopress informed on Tuesday. Recean will participate in the second edition of Moldova & Romania Forum Capital Bridges, organized by Bucharest Stock Exchange, together with partners from Romania and Moldova, according to Daniel Voda, spokesman for the Chisinau government. “The event promotes solid economic cooperation and interconnection between stock markets of Moldova and Romania. The premier will have interventions within this platform, where he will speak about the need for more investments and economic contacts between economic agents of both countries,” Daniel Voda said. According to the spokesman of Moldovas executive, the event will be attended by Marcel Ciolacu, Romania's premier, Nicolae Ciuca, president of Romania's Senate , Igor Grosu, president of Moldova's Parliament and other officials. “Participants will discuss about macroeconomic reforms, investment opportunities and progress in the banking sector, setting up ground to improve bilateral economic relations in the context of Moldova's accession to EU and the huge support offered by Romania in this respect,” Daniel Voda concluded. The first edition of the Moldova & Romania Forum: Capital Bridges was held in 2022.
The Ministry of Development proposed to the government to analyse the opportunity to develop an investment program dedicated to the economic recovery of small towns with a population of under 25,000 in non-metropolitan areas. The financial support for the development of these towns has been so far fragmented, and competition with large cities for funds proved […]
Prime minister Ilie Bolojan said on November 6 that he hopes that the ruling coalition will manage to legislate by the end of this month the rest of the second package of budgetary measures, namely the public administration streamlining law and the law on magistrates' pensions. Unless the law on the public administration is legislated, […]
Japanese group Makita announced that it will reduce production of power tools in China for the US market due to the unpredictability of US tariffs and move this production to factories in Romania and Thailand, according to Nikkei Asia, as reported by Economica.net. The Japanese group reported business of almost EUR 640 million locally...
The Competition Council has outlined a series of concerns related to the transaction through which the Schwarz group, which operates the Kaufland and Lidl store chains in Romania, intends to take over the La Cocoș stores, according to a press release quoted by
Romania’s flag carrier, Tarom, has requested the government to disburse a new tranche of restructuring state aid approved in 2024 to address the current liquidity deficit, Profit.ro reported. The company argued that, because of late payment penalties...
Retail sales volume contracted by 2.3% q/q in Q3, resulting in a 0.3% y/y decline in Romania (the second negative reading since the Covid-19 pandemic), visibly dragged down by the real wages that contracted by 3.7% y/y in July-August (latest data available) after +2.2% y/y in Q2, +4.6% y/y in Q1 and around 9%-10% y/y […]
